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Constellation Brands Stock Price, News & Analysis (NYSE:STZ)

$197.02
-0.27 (-0.14 %)
(As of 10/18/2019 04:00 PM ET)
Today's Range
$196.00
Now: $197.02
$198.60
50-Day Range
$189.02
MA: $201.95
$210.71
52-Week Range
$150.37
Now: $197.02
$227.35
Volume802,009 shs
Average Volume1.35 million shs
Market Capitalization$37.75 billion
P/E Ratio21.23
Dividend Yield1.52%
Beta0.69
Constellation Brands, Inc, together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. It provides beer primarily under the Corona Extra, Corona Light, Corona Premier, Corona Familiar Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria brands, as well as Funky Buddha, Four Corners, and Ballast Point brands. Read More…

Industry, Sector and Symbol

Industry Beverages
Sub-IndustryDistillers & Vintners
SectorConsumer Staples
CUSIP21036P10
Phone585-678-7100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.88 billion
Cash Flow$11.96 per share
Book Value$61.01 per share

Profitability

Net Income$3.44 billion

Miscellaneous

Employees9,800
Market Cap$37.75 billion
Next Earnings Date1/8/2020 (Estimated)
OptionableOptionable

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Constellation Brands (NYSE:STZ) Frequently Asked Questions

What is Constellation Brands' stock symbol?

Constellation Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "STZ."

How often does Constellation Brands pay dividends? What is the dividend yield for Constellation Brands?

Constellation Brands announced a quarterly dividend on Wednesday, October 2nd. Investors of record on Friday, November 8th will be paid a dividend of $0.75 per share on Friday, November 22nd. This represents a $3.00 annualized dividend and a dividend yield of 1.52%. The ex-dividend date is Thursday, November 7th. View Constellation Brands' Dividend History.

How will Constellation Brands' stock buyback program work?

Constellation Brands declared that its board has initiated a stock repurchase program on Saturday, January 6th 2018, which allows the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

How were Constellation Brands' earnings last quarter?

Constellation Brands, Inc. (NYSE:STZ) released its quarterly earnings results on Thursday, October, 3rd. The company reported $2.72 EPS for the quarter, topping the consensus estimate of $2.60 by $0.12. The firm earned $2.34 billion during the quarter, compared to analyst estimates of $2.34 billion. Constellation Brands had a return on equity of 14.66% and a net margin of 8.59%. The company's quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.87 earnings per share. View Constellation Brands' Earnings History.

When is Constellation Brands' next earnings date?

Constellation Brands is scheduled to release their next quarterly earnings announcement on Wednesday, January 8th 2020. View Earnings Estimates for Constellation Brands.

What guidance has Constellation Brands issued on next quarter's earnings?

Constellation Brands updated its FY20 earnings guidance on Thursday, October, 3rd. The company provided earnings per share guidance of $9.00-9.20 for the period, compared to the Thomson Reuters consensus estimate of $8.51.

What price target have analysts set for STZ?

23 Wall Street analysts have issued 1 year target prices for Constellation Brands' stock. Their forecasts range from $174.00 to $274.00. On average, they anticipate Constellation Brands' share price to reach $224.20 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price. View Analyst Price Targets for Constellation Brands.

What is the consensus analysts' recommendation for Constellation Brands?

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Constellation Brands in the last year. There are currently 8 hold ratings, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Constellation Brands.

What are Wall Street analysts saying about Constellation Brands stock?

Here are some recent quotes from research analysts about Constellation Brands stock:
  • 1. According to Zacks Investment Research, "Constellation Brands has outperformed the industry in the past six months, driven by a robust surprise trend that continued in first-quarter fiscal 2020. It has reported positive earnings surprise in 17 of the last 18 quarters, with sales beat in the last six quarters. Moreover, strength in its beer business due to higher shipment volumes and depletions is driving the top line. Also, the company is poised to gain from constant brand-building efforts, pipeline of innovations and the Canopy Growth investment. However, persistent softness in its wine & spirits segment remains a concern. A soft view for this segment due to impacts from the sale of 30 brands to Gallo is also concerning. Further, higher interest expense projections for fiscal 2020, including $105 million related to the financing of the Canopy deal may hurt the bottom line." (9/23/2019)
  • 2. Jefferies Financial Group Inc analysts commented, "STZ’s CAGNY pres. was upbeat on the runway for growth in beer (> 70% of EBIT); however, mgmt. wanted to level set expectations in key areas (beer OM %, near-term EPS dilution from wine divest./WEED). STZ’s med-term target for ~10% EPS CAGR was reiterated despite likely declines in FY20. We trim our PT to $255/concede shares likely to tread water near-term, though see beer biz as one of best in CPG and valuation as attractive at ~13.5x EV/EBITDA (ex-Canopy)." (2/21/2019)
  • 3. Pivotal Research analysts commented, "We are convinced that CGC is the best way to play the rapidly growing cannabis market and investors should begin to fully reflect that value and CGC’s prospects, rather than penalizing STZ for the cash carrying costs of the investment, in our view. This makes STZ a truly compelling BUY. VALUATION: Constellation trades at 15.8x our estimate of EV/EBITDA, no doubt as “cheap” as STZ has been in the past five years. If one takes the POV that CGC could double to a $20 billion market cap in 18-24 months (our personal view) then Constellation will have a $10 billion investment as an add-back to EV and thus on the basis of core EBITDA of around $3,000, could trade at 20x that or over $300 based on FY20 EBITDA and the equity value of CGC. We’ve haircut that today but still view it as a more likely than not scenario." (1/9/2019)

Has Constellation Brands been receiving favorable news coverage?

News headlines about STZ stock have trended very negative recently, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Constellation Brands earned a news sentiment score of -3.8 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Constellation Brands.

Are investors shorting Constellation Brands?

Constellation Brands saw a decline in short interest in the month of September. As of September 30th, there was short interest totalling 7,430,000 shares, a decline of 5.9% from the August 30th total of 7,900,000 shares. Based on an average trading volume of 1,080,000 shares, the short-interest ratio is presently 6.9 days. Currently, 4.7% of the company's shares are short sold. View Constellation Brands' Current Options Chain.

Who are some of Constellation Brands' key competitors?

What other stocks do shareholders of Constellation Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Constellation Brands investors own include NVIDIA (NVDA), Alibaba Group (BABA), Canopy Growth (CGC), Walt Disney (DIS), Netflix (NFLX), Home Depot (HD), Boeing (BA), Micron Technology (MU), Visa (V) and Cisco Systems (CSCO).

Who are Constellation Brands' key executives?

Constellation Brands' management team includes the folowing people:
  • Mr. Robert S. Sands II, Exec. Chairman (Age 60)
  • Mr. William A. Newlands, Pres, CEO & Director (Age 60)
  • Dr. Richard Sands, Exec. Vice Chairman (Age 68)
  • Mr. David Eric Klein, Exec. VP & CFO (Age 55)
  • Mr. Ricardo Bartra, Sr. VP & Chief Technology Officer

Who are Constellation Brands' major shareholders?

Constellation Brands' stock is owned by a number of of retail and institutional investors. Top institutional investors include Douglas Lane & Associates LLC (0.16%), Heritage Investors Management Corp (0.06%), Patten & Patten Inc. TN (0.04%), Nisa Investment Advisors LLC (0.04%), Vigilant Capital Management LLC (0.04%) and Welch & Forbes LLC (0.03%). Company insiders that own Constellation Brands stock include Barry A Fromberg, Christopher Stenzel, David Eric Klein, James A Jr Sabia, James A Locke III, Jeremy S G Fowden, Richard Sands, Robert Sands, Thomas J Mullin and Thomas Michael Kane. View Institutional Ownership Trends for Constellation Brands.

Which institutional investors are selling Constellation Brands stock?

STZ stock was sold by a variety of institutional investors in the last quarter, including TIAA FSB, Exane Derivatives, Gateway Investment Advisers LLC, Lau Associates LLC, First Personal Financial Services, Patten & Patten Inc. TN, Crossmark Global Holdings Inc. and Riverview Trust Co. Company insiders that have sold Constellation Brands company stock in the last year include Barry A Fromberg, David Eric Klein, James A Jr Sabia, Jeremy S G Fowden, Richard Sands, Robert Sands and Thomas Michael Kane. View Insider Buying and Selling for Constellation Brands.

Which institutional investors are buying Constellation Brands stock?

STZ stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., State of Alaska Department of Revenue, Douglas Lane & Associates LLC, Park Avenue Securities LLC, Three Peaks Capital Management LLC, Verde Servicos Internacionais S.A., Commerzbank Aktiengesellschaft FI and Toth Financial Advisory Corp. View Insider Buying and Selling for Constellation Brands.

How do I buy shares of Constellation Brands?

Shares of STZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Constellation Brands' stock price today?

One share of STZ stock can currently be purchased for approximately $197.02.

How big of a company is Constellation Brands?

Constellation Brands has a market capitalization of $37.75 billion and generates $8.88 billion in revenue each year. The company earns $3.44 billion in net income (profit) each year or $9.28 on an earnings per share basis. Constellation Brands employs 9,800 workers across the globe.View Additional Information About Constellation Brands.

What is Constellation Brands' official website?

The official website for Constellation Brands is http://www.cbrands.com/.

How can I contact Constellation Brands?

Constellation Brands' mailing address is 207 HIGH POINT DRIVE BUILDING 100, VICTOR NY, 14564. The company can be reached via phone at 585-678-7100 or via email at [email protected]


MarketBeat Community Rating for Constellation Brands (NYSE STZ)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  749 (Vote Outperform)
Underperform Votes:  716 (Vote Underperform)
Total Votes:  1,465
MarketBeat's community ratings are surveys of what our community members think about Constellation Brands and other stocks. Vote "Outperform" if you believe STZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/19/2019 by MarketBeat.com Staff

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